#chinese-e-commerce
#chinese-e-commerce

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Snap shares drop as scrapped forecast stokes ad slowdown fears before Meta earnings

Snap's shares fell over 15% due to concerns about reduced ad spending amid tariff-related economic uncertainty.

Major advertisers have reduced spending significantly, impacting Snap's market valuation.

Meta's ad revenue could plummet by $7bn due to new US-China trade policies.

Chinese e-commerce companies significantly contribute to Meta's ad revenue growth.

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